Skip to main content
No. of Recommendations: 0
You're right, but I don't think you're likely to beat this thing. There may be a market decline as people get out, for the reasons you state. But timing is very difficult. When would you get out of the market? December 15th? November 1st? July? And how would you decide when to get back in? To do better than the market, you'd have to get out and back in ahead of the crowd. But if you get out too early, or back in too late, you miss out on gains.

My current thinking on Y2K is that it will be a nuisance, not a catasrophe, and that markets will surge in the 1st or 2nd quarter of 2000, when people realize that the sky didn't fall. However, it is entirely possible that the real problems, or people's fear of them, will cause massive selloffs, and bring an end to our long bull market.

Good luck to all of us.
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.